Microsoft Corporation (MSFT) Shares Bought by Advisor Partners LLC
Advisor Partners LLC boosted its position in Microsoft Corporation (NASDAQ:MSFT) by 10.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 156,520 shares of the software giant’s stock after buying an additional 15,375 shares during the period. Microsoft Corporation makes up 2.5% of Advisor Partners LLC’s holdings, making the stock its 2nd biggest holding. Advisor Partners LLC’s holdings in Microsoft Corporation were worth $10,789,000 at the end of the most recent quarter.
A number of other hedge funds have also recently added to or reduced their stakes in the stock. State Street Corp increased its stake in Microsoft Corporation by 0.8% in the first quarter. State Street Corp now owns 318,681,830 shares of the software giant’s stock valued at $20,988,383,000 after purchasing an additional 2,552,473 shares in the last quarter. Schwab Charles Investment Management Inc. increased its stake in Microsoft Corporation by 2.3% in the first quarter. Schwab Charles Investment Management Inc. now owns 28,965,189 shares of the software giant’s stock valued at $1,907,648,000 after purchasing an additional 638,798 shares in the last quarter. Fisher Asset Management LLC increased its stake in Microsoft Corporation by 1.1% in the first quarter. Fisher Asset Management LLC now owns 18,652,532 shares of the software giant’s stock valued at $1,228,456,000 after purchasing an additional 199,259 shares in the last quarter. Sanders Capital LLC increased its stake in Microsoft Corporation by 2.4% in the second quarter. Sanders Capital LLC now owns 12,143,596 shares of the software giant’s stock valued at $924,807,000 after purchasing an additional 287,200 shares in the last quarter. Finally, Boston Partners increased its stake in Microsoft Corporation by 14.1% in the first quarter. Boston Partners now owns 11,579,231 shares of the software giant’s stock valued at $762,607,000 after purchasing an additional 1,435,233 shares in the last quarter. Institutional investors and hedge funds own 73.37% of the company’s stock.
In other Microsoft Corporation news, CFO Amy Hood sold 55,000 shares of the stock in a transaction on Tuesday, August 29th. The shares were sold at an average price of $72.71, for a total transaction of $3,999,050.00. Following the completion of the sale, the chief financial officer now owns 510,217 shares of the company’s stock, valued at approximately $37,097,878.07. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Frank H. Brod sold 15,000 shares of the stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of $84.08, for a total transaction of $1,261,200.00. Following the sale, the insider now directly owns 116,205 shares of the company’s stock, valued at approximately $9,770,516.40. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 104,763 shares of company stock worth $7,908,472. 1.49% of the stock is owned by insiders.
Microsoft Corporation (MSFT) opened at $83.20 on Friday. The company has a current ratio of 3.12, a quick ratio of 3.06 and a debt-to-equity ratio of 0.91. Microsoft Corporation has a twelve month low of $58.80 and a twelve month high of $86.20. The company has a market cap of $640,156.75, a price-to-earnings ratio of 24.55, a P/E/G ratio of 1.93 and a beta of 1.01.
Microsoft Corporation (NASDAQ:MSFT) last released its earnings results on Thursday, October 26th. The software giant reported $0.84 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.72 by $0.12. Microsoft Corporation had a net margin of 24.56% and a return on equity of 35.23%. The company had revenue of $24.50 billion for the quarter, compared to analyst estimates of $23.57 billion. During the same quarter last year, the firm earned $0.76 EPS. The firm’s quarterly revenue was up 11.7% compared to the same quarter last year. research analysts forecast that Microsoft Corporation will post 3.38 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 14th. Investors of record on Thursday, November 16th will be issued a dividend of $0.42 per share. The ex-dividend date of this dividend is Wednesday, November 15th. This represents a $1.68 annualized dividend and a dividend yield of 2.02%. This is a positive change from Microsoft Corporation’s previous quarterly dividend of $0.39. Microsoft Corporation’s dividend payout ratio (DPR) is currently 57.14%.
MSFT has been the subject of several research analyst reports. ValuEngine raised shares of Microsoft Corporation from a “hold” rating to a “buy” rating in a research note on Wednesday, September 6th. Morningstar, Inc. reissued a “neutral” rating on shares of Microsoft Corporation in a research report on Monday, October 16th. Credit Suisse Group reissued an “outperform” rating on shares of Microsoft Corporation in a research report on Thursday, August 31st. Zacks Investment Research downgraded shares of Microsoft Corporation from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 24th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $88.00 target price (up from $85.00) on shares of Microsoft Corporation in a research report on Friday, October 27th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirty have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $84.21.
Microsoft Corporation Profile
Microsoft Corporation is a technology company. The Company develops, licenses, and supports a range of software products, services and devices. The Company’s segments include Productivity and Business Processes, Intelligent Cloud and More Personal Computing. The Company’s products include operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; video games, and training and certification of computer system integrators and developers.
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